Terms and Conditions for Pre-Orders
1. Pre-Order and Purchase Agreement By placing a pre-order for a Zipline Xe Sidecar Electric bike, ("Vehicle"), you agree to be bound by these terms and conditions. The pre-order allows you to purchase the Vehicle from Exeeder Fleet, Inc. or one of its subsidiaries ("we," "us," "our") under the following terms:
2. Price and Payment:
The total sales price of the Xe Zipline Sidecar is $5870. A deposit of 80% of the total sales price is required at the time of placing the pre-order ($4,696). The balance, along with applicable local taxes is due before delivery of the Bike. All payments are to be made in U.S. dollars.
3. Deposit The deposit is non-refundable and secures your Vehicle for production and delivery. The deposit will be credited towards the final purchase price of the Vehicle.
4. Delivery Your Vehicle will be manufactured within 10-days of order placement. The estimated delivery window is within 45-60 days from the date of your order confirmation. We reserve the right to extend the delivery date by an additional 30 days due to unforeseen circumstances. We will notify you in advance if an extension is necessary.
5. Vehicle Insurance We will insure the Vehicle until it is turned over to you at the time of delivery. The risk of loss transfers to you once you take possession of the Vehicle.
6. Purchase Incentive: Stock Warrants As a special incentive, you will receive 7% of your product purchase price in stock warrants for Exeeder stock upon completion of your Vehicle purchase. Each warrant entitles the holder to purchase one share of Exeeder Fleet, Inc. stock at a strike price of $2.50 per share. The warrants are exercisable for a term of 5 years from the purchase date of the Vehicle. The warrants will be issued on a 'cashless' basis and the Warrant Agreement will be provided to the buyer within 10 days following the final delivery of the Vehicle.
7. Final Payment and Completion of Purchase The balance of the purchase price is due before delivery of the Vehicle. You have 30 days from the arrival of the Vehicle at our dealership to complete the purchase. Failure to complete the purchase within this timeframe may result in the cancellation of your order, and the forfeiture of your deposit and any associated warrants.
8. Jurisdiction These terms and conditions are governed by and construed in accordance with the laws of the State of South Carolina, without giving effect to any principles of conflicts of law.
9. Amendments We reserve the right to update or amend these terms and conditions at any time without prior notice. Your continued placement of a pre-order after any changes signifies your acceptance of our updated terms.
10. Contact Information For any questions or concerns about these terms and conditions or your pre-order, please contact us at [insert contact details].
11. Limitation of Liability Exeeder Fleet's liability in connection with the sale or use of its products, including but not limited to the Vehicle purchased, shall be strictly limited to the amount of money received from the customer for the purchase of the product. Under no circumstances shall Exeeder Fleet be liable for any indirect, incidental, special, or consequential damages, including but not limited to loss of profits, revenue, or data, arising out of or in connection with the purchase, use, or performance of its products, regardless of whether Exeeder Fleet has been advised of the possibility of such damages. This limitation of liability shall apply to the fullest extent permitted by law and shall survive the termination or expiration of any sales agreement or the cessation of use of Exeeder Fleet's products.
By placing a pre-order for an Exeeder vehicle, you acknowledge that you have read, understood, and agreed to these terms and conditions, including the stock warrant incentive.